Expected 2024 Social Security Cola

Expected 2024 Social Security Cola. Using august inflation data, the senior citizens league has estimated the annual raise for social security recipients will be 3.2% for 2024. The 2024 social security cola would boost a retired worker's average monthly benefit by about $58.

Using august inflation data, the senior citizens league has estimated the annual raise for social security recipients will be 3.2% for 2024. Here’s how the average benefit paid to different groups would change in 2024, according to social.